DETAILED COURSE CONTENT




Course Code :

BCOM22133



Title :

International Economics



Type/Status :

Compulsory


aaaaaaaaaaaa Aims :
This course module is designed to provide an understanding of basics of international trdae, theories, finance, and the effects of various international economic policies on domestic and world welfare.
Learning Outcome : aaaaaaaaaaaaaaaa
By the end of this course unit students should be able to:
  • analyze the effects of the international flow of goods and service and factors of production on the welfare domestic consumers.
  • examine how national policies regulate the flows of international payments; receipts and the effects of those policies on national welfare.
  • describe international financial markets and the basic forces that affect financial decision making.

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Course Content : Introduction to International Economics; The principal of trading; The Classical Theory of international trade; Neo-Classical Analysis theory: Hecksher-Ohlin and other International Trade as a substitute for Economic Growth; Terms of Trade-Concepts and Significance Trade restrictions; Effects of trade policy interventions; Tariff and other trade policies, The foreign exchange markets; The balance of payments; Adjustment in the balance of payments; Adjustment policies.

Method of Teaching & Learning:

Lectures and Tutorials

Scheme of Evaluation:

End semester examination, Assignments and Presentations

The weights given to each component of the evaluation method is announced at the commencement of the module.




Recommended Readings:

Bo So"dersten & Reed, (1994), International Economics, (3rd ed.), Machillan Press Ltd.

KIndelberge & Lindert,(1995), International Economics. (3rd ed.), New York, Harper Collins.

Michael Melvin, (1999), International Money and Finance, (6th Ed.), Addison Willey

Paul R. Krugman & Maurice Obstfeld, (2006), International Economics-Theory and Policy, (6th ed), Dorling Kindersley (India) Pvt Ltd.

Robert J. Carbaugh,(2010),International Economics,(13th ed.) ,Cincinnati;ITP

Salvatore D., (2004). Theory and Problems of International Economics, (4th ed.), Schaum’s Outline Series, McGraw Hill